In other news today, Eagle Eye also announced that its flagship product,
the Eagle Eye Security Camera Video Management System (VMS), was
released to the channel after 18 months of development and successful
deployment with a large variety of customers.

Eagle Eye Networks is delivering the benefits of the cloud to the video
surveillance customer, such as on-demand deployment, centralized
management, high reliability, and lower TCO. At the same time it
eliminates historical obstacles to broad cloud deployment, such as
security/privacy vulnerabilities and high bandwidth consumption. The VMS
is compatible with most IP and analog cameras allowing maximum
flexibility for customers and resellers.

A 2013 survey of 283 IT security decision makers showed that 49% are
involved in supporting or selecting video security/surveillance
products. This illustrates the high overhead for installing,
configuring, and maintaining the hardware and software needed for video
surveillance systems.

"I started Eagle Eye Networks to bring the compelling advantages of
secure, on-demand, cloud based, video management and recording to
customers," said Dean Drako, President and CEO of Eagle Eye Networks.
"Further I wanted to deliver an easy-to-use full featured solution that
does not have the overhead and complexity of existing solution. This
was the same philosophy I had when I founded Barracuda Networks (News - Alert), and it
brought strong success to 150,000 businesses worldwide."

Dean Drako is President, CEO and founder of Eagle Eye Networks. Prior to
Eagle Eye, Drako was founder, president and CEO of Barracuda Networks,
where he developed the IT security industry's first spam filter
appliance. From Barracuda's inception in 2003 through 2012, Drako grew
the company to be an IT security industry leader for mid-market
businesses, with more than $200 million in annual sales, and 150,000
customers. Barracuda Networks completed their IPO in 2013; Drako
continues to serve on its board of directors.

In 2007, Drako won the Ernst and Young Northern California Entrepreneur
of the Year for Networking and Communications. Drako did his
undergraduate study at University of Michigan in Electrical Engineering,
received his Masters in Electrical Engineering from University of
California at Berkeley, and holds 27 patents.

"One big influence in our decision to go with Eagle Eye Networks was
their CEO Dean Drako's business and technology track record," said
Joshua Baer, Executive Director of Capital Factory. "Dean understands
security, the cloud, and customer service, and has an impressive
background of creating compelling technologies and executing through
broad market adoption."

About Eagle Eye Networks

Eagle Eye Networks is a provider of the first on-demand cloud based
security and operations video management system (VMS) that provides both
cloud and on-premise recording. Eagle Eye offers secure recording,
transmission, and storage, camera management, mobile viewing and alerts
- all from a 100% cloud managed platform. The Eagle Eye Security
Camera Video Management System supports a broad array of IP and
analog cameras, and delivers Complete Privacy Encryption™. It also uses
Intelligent Bandwidth (News - Alert) Management™, making it easy to deploy at single
and multiple sites, both small and large. Eagle Eye Networks sells
through authorized resellers.The headquarters is at 411 Brazos
St, Suite 101, Austin, TX. For more information please visit www.eagleeyenetworks.com
or call +1-512-473-0500.